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Added on the 21/05/2019 11:45:00 - Copyright : AFPTV - First images
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
The European Central Bank slashes its growth outlook for the eurozone to 2.8 percent in 2022 and 2.1 percent in 2023, as Russia's invasion of Ukraine wreaks havoc on the world economy. SOUNDBITE
The OECD trims its 2020 global economic growth forecast and says it does not see a strong rebound in 2021 owing to risks stemming from trade tensions. SOUNDBITE
The IMF warns of damage due to tariff disputes, as it cuts its forecast for global growth at its autumn meetings. Stephen Carroll asks Arancha Gonzalez, Executive Director of the International Trade Centre, if there is any end in sight to the United States' trade war with China.